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Cost of Doing Business Study

Strengthen Your Operation by Participating in the Cost of Doing Business Study

For more than 100 years, independent retailers have relied on the Cost of Doing Business Study to help them strategize for long-term success. 

As the industry’s leading financial benchmarking tool, the Cost of Doing Business Study provides a wealth of information to help independent operators understand how they compare to typical and high-profit hardware stores, home centers and lumber and building material outlets. 

Are your transaction sizes within industry standards? Are there opportunities to lower your total operating expenses without sacrificing sales? With the study, retailers can compare their most important financial metrics to industry averages to see how their operation is faring.

By participating, you’ll receive a free copy of the final study (valued at $499); a Personalized Financial Analysis with your company’s finances compared to industry averages; and a what-if scenario generator to visualize how small financial changes within your organization can have a major impact.

There’s still time to contribute your information to fortify the study. All submissions are kept completely confidential and no individual data will ever be published or shared. For more information and to submit your financial information today, click here. 

About Renee Changnon

Renee Changnon is the retail outreach coordinator for NRHA. She meets with retailers in their stores and at industry events and introduces them to the services NRHA provides. Renee previously worked as a member of the NRHA communications team. She earned a degree in visual journalism from Illinois State University, where she served as the features editor for the school newspaper. After college, she implemented marketing and promotions initiatives at Jimmy John’s franchise locations across the country. She enjoys exploring books with her book club, Netflix marathons and hosting goat yoga at her apartment complex. Renee Changnon 317-275-9442 rchangnon@nrha.org

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